An aerial view of a crude oil storage facility is seen on May 5, 2020 in Cushing, Oklahoma. JOHANNES EISELE | AFP via Getty Images Two leading oil price reporting agencies separately released new US crude benchmarks on Friday as part of an effort to rival the West Texas futures …
Read More »market disconnection runs the risk of a correction
The International Monetary Fund warned that the continued disconnect between financial markets and the real economy could lead to a correction in asset prices. Stock markets have rebounded in recent months despite troubling real-world events. The world is grappling with the coronavirus health emergency that has claimed the lives of …
Read More »global economy to contract with slow coronavirus recovery
The Brazilian indigenous Anita, from the Marubo ethnic group, is notified that she contracted the new coronavirus by a member of the Brazilian Armed Forces medical team. EVARISTO SA The International Monetary Fund cut its economic forecasts once again on Wednesday and warned that public finances will deteriorate significantly as …
Read More »USA USA Evaluate $ 3.1 billion in tariffs on France, Germany, Spain, UK
German Chancellor Angela Merkel (L) and United States President Donald Trump speak during a bilateral meeting in Biarritz, in southwestern France, on August 26, 2019, on the third day of the annual Summit of the G7. NICHOLAS KAMM | AFP | fake pictures The United States is studying the possibility …
Read More »EU can open external borders, but US visitors could be banned
Brussels Airport, Belgium. NurPhoto The European Union is discussing how to reopen its external borders as the region seeks to slowly revive its economy, and visitors from countries like the United States may still be banned from entering the bloc. Thirty European countries decided to close their external borders in …
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